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home / news releases / VLO - Phillips 66: A Discount To Its Refining Peers

VLO - Phillips 66: A Discount To Its Refining Peers

Valero Energy Corporation
  • The stock of Phillips 66 has been left in the dust by its larger refining peers Valero and Marathon.
  • Yet the lack of global refining capacity is just as much a positive catalyst for PSX, and PSX's two refineries in Europe are ideally positioned.
  • Given the current macro environment, PSX is trading at a ridiculously low 9.7x forward multiple and yields 3.5%. PSX is a BUY.

For further details see:

Phillips 66: A Discount To Its Refining Peers
Stock Information
Company Name: Valero Energy Corporation
Stock Symbol: VLO
Market: NYSE
Website: valero.com
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